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FY 2025-26 · AY 2026-27

Section 87A Rebate — Full Calculation with Examples

The 87A rebate is why millions of Indians pay zero income tax. Here's exactly how it works, who gets it, and what happens when you cross the ₹12 lakh limit by even ₹1.

✓ Zero Tax up to ₹12L — New Regime
₹5L limit under Old Regime

What Is Section 87A Rebate?

Section 87A is a provision in the Income Tax Act that gives eligible individuals a direct rebate on their calculated tax. It's not a deduction from income — it directly cancels whatever tax was computed, bringing it to zero. For FY 2025-26, the rebate limits differ between regimes:

New Tax Regime
₹60,000
Max rebate. Applies when taxable income ≤ ₹12,00,000
✓ HIGHER LIMIT
Old Tax Regime
₹12,500
Max rebate. Applies when taxable income ≤ ₹5,00,000

Step-by-Step: 87A Rebate (New Regime, ₹10L Salary)

A salaried person earning ₹10 lakh per year under the New Regime. Tax is calculated, then wiped out by the rebate:

StepAmount
Gross Salary₹10,00,000
Standard Deduction (New Regime)− ₹75,000
Taxable Income₹9,25,000
Tax on ₹0–₹4,00,000 (0%)₹0
Tax on ₹4,00,001–₹8,00,000 (5%)₹20,000
Tax on ₹8,00,001–₹9,25,000 (10%)₹12,500
Total Tax Before Rebate₹32,500
Section 87A Rebate (taxable income ≤ ₹12L ✓)− ₹32,500
Final Tax Payable₹0
Cess (4% on ₹0)₹0
Total Tax + Cess₹0

Even though ₹32,500 of tax was calculated, the 87A rebate eliminates it entirely. This applies to any salaried person whose taxable income stays at or below ₹12 lakh under the New Regime.

Step-by-Step: 87A Rebate (Old Regime, ₹5L Salary)

Under the Old Regime, the rebate threshold is much lower. Only incomes up to ₹5 lakh taxable qualify:

StepAmount
Gross Salary₹5,00,000
Standard Deduction (Old Regime)− ₹50,000
Taxable Income₹4,50,000
Tax on ₹0–₹2,50,000 (0%)₹0
Tax on ₹2,50,001–₹4,50,000 (5%)₹10,000
Total Tax Before Rebate₹10,000
Section 87A Rebate (max ₹12,500)− ₹10,000
Final Tax Payable₹0

Key Insights About Section 87A

✓ Key Rule

The 87A rebate applies to the total tax on regular income — not the income itself. Your taxable income must be within the eligible limit. Capital gains taxed at special flat rates (STCG at 15%, LTCG at 10%) are excluded and must be paid even if your salary income is below ₹12L.

⚠ The ₹12L Cliff — Critical Warning

Crossing ₹12 lakh taxable income by even ₹1 under the New Regime means losing the entire ₹60,000 rebate. At ₹12,00,001 taxable, you suddenly owe ~₹83,200 in tax instead of ₹0. Marginal relief softens this — your tax is capped at the income above ₹12L — but only up to ₹12.75L taxable. Beyond that, full tax applies.

💡 Planning Tip

If your salary puts you close to ₹12L taxable income, ask your employer about NPS contribution under 80CCD(2) — this deduction is allowed even in the New Regime. A ₹1L NPS employer contribution at this level saves you ~₹83,000 in tax by keeping you below the rebate threshold.

Check If You Qualify for Zero Tax

Enter your salary and deductions to instantly see if the 87A rebate brings your tax to ₹0.

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Frequently Asked Questions

Section 87A is a direct tax rebate that makes your income tax zero if taxable income is within the eligible limit. Under the New Regime in FY 2025-26, the limit is ₹12 lakh with a maximum rebate of ₹60,000. Under the Old Regime, it's ₹5 lakh with a maximum rebate of ₹12,500.
Individual resident taxpayers whose taxable income does not exceed ₹12 lakh (New Regime) or ₹5 lakh (Old Regime). HUFs and companies are not eligible. The rebate applies only to regular income — not capital gains taxed at flat rates like STCG (15%) or LTCG (10%).
Under the New Regime, after the ₹75,000 standard deduction, a gross salary of ₹12.75 lakh gives exactly ₹12 lakh taxable income — the upper limit for the 87A rebate. So ₹12.75 lakh is the effective zero-tax gross salary for salaried employees in FY 2025-26.
You lose the full 87A rebate, but marginal relief applies. Your tax cannot exceed the amount by which income exceeds ₹12 lakh. At ₹12.5 lakh taxable, tax is capped at ₹50,000 + 4% cess = ₹52,000, not the ₹86,528 that would normally apply. Beyond ₹12.75L taxable, full tax applies with no relief.
No. Section 87A does not apply to special-rate incomes like short-term capital gains under Section 111A (taxed at 15%) or long-term capital gains under Section 112A (taxed at 10%). Even if your total income is below ₹12 lakh, tax on such capital gains must be paid in full.

Explore Related Tax Guides

The 87A rebate works together with the standard deduction, slab rates and marginal relief to determine your final tax: